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IMT Care

YC W22 · Active · Disrupting Indian Insurance space by empowering distrubutors

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About IMT Care

India’s insurance market is filled with bygone products, which do not cater to 95% of the market's demand for specific products such as illness-specific insurance, primary care with insurance, and surgical insurance to name a few. We, at IMT, aim to target this white space by creating innovative products that fulfill this new demand by empowering the agents. Agents are the largest insurance distribution channel in India and cover 85% of the premium collection. Agents collect 20B premium every year. With a 5% take rate, it’s a 1B dollar market opportunity growing at 22% CAGR. Kunal has 15+ years of experience working with insurance companies and building agent networks, while he scaled his brokerage business to 3M dollars in revenue. Rachit has 12+ years of experience in building tech products, he was a founding engineer at Payu (stripe of India).

YC batch
W22 · Winter 2022
Status, per YC
Active
Category
AI
Team size
23
Location
MH, India
Checked
1h ago

YC tags: Healthcare, Insurance, India

IMT Care in W22: 398 companies, 44% AI

IMT Care: questions

Which YC batch was IMT Care in?

IMT Care was in Y Combinator's Winter 2022 batch (W22).

Is IMT Care still active?

Y Combinator lists IMT Care as active.

Where is IMT Care based?

IMT Care lists MH, India as its location on YC's directory.

Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.

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